002498.SHE Qingdao Hanhe Cable Co Ltd
- Market cap
- CNY 17.3B
- P/E
- 34.7x
- P/B
- 1.92x
- ROE
- 6.0%
- Dividend yield
- 0.78%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002498.SHE undervalued?
Graham number002498.SHE trades 71.8% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Qingdao Hanhe Cable Co Ltd fundamental analysis
No fundamental analysis for Qingdao Hanhe Cable Co Ltd yet.
Qingdao Hanhe Cable Co Ltd stock price
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About Qingdao Hanhe Cable Co Ltd
Qingdao Hanhe Cable Co.,Ltd, together with its subsidiaries, engages in the development, production, and sale of cables and wires in China. It offers power cables, bare wires, equipment cables, special cables, data cables, overhead lines, cable accessories, submarine cables, heat resistant and high strength aluminum alloy wires, fire-resistant and armored cables, and DC series cables. It also engages in cable development and research services; and manufacturing and sales of …
Full company profileQingdao Hanhe Cable Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Qingdao Hanhe Cable Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 4.14B | 4.74B | 5.57B | 6.18B | 6.95B | 8.98B | 9.84B | 9.66B | 9.26B | 10.5B | 11.7B |
| Gross Profit | 734M | 741M | 1.02B | 1.20B | 1.55B | 1.84B | 1.99B | 1.90B | 1.55B | 669M | 1.56B |
| Operating Income | 469M | 286M | 266M | 500M | 671M | 884M | 881M | 866M | 727M | 669M | 578M |
| EBITDA | 571M | 367M | 351M | 576M | 750M | 987M | 986M | 987M | 858M | 791M | 659M |
| Net Income | 417M | 250M | 221M | 435M | 583M | 777M | 786M | 760M | 655M | 592M | 545M |
| EPS | 0.13 | 0.08 | 0.07 | 0.13 | 0.18 | 0.23 | 0.24 | 0.23 | 0.20 | 0.18 | 0.16 |
| Balance Sheet | |||||||||||
| Total Assets | 6.44B | 6.22B | 6.65B | 6.36B | 7.51B | 9.32B | 9.86B | 10.4B | 11.4B | 12.5B | 13.8B |
| Total Liabilities | 2.00B | 1.59B | 1.94B | 1.31B | 1.86B | 2.81B | 2.67B | 2.61B | 3.30B | -8.62B | 4.80B |
| Shareholders' Equity | 4.44B | 4.63B | 4.71B | 5.04B | 5.64B | 6.37B | 7.05B | 7.68B | 8.13B | 8.62B | 9.03B |
| Cash & Short-term Investments | 1.27B | 1.10B | 1.88B | 975M | 1.31B | 1.66B | 1.55B | 1.87B | 2.49B | 2.75B | 1.72B |
| Total Debt | 1.37M | 108M | 125M | 200K | 239M | 277M | 975M | 955M | 1.71B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 324M | -308M | 533M | 449M | 961M | 542M | 197M | 1.07B | 184M | 622M | - |
| Capital Expenditure | 129M | 45.3M | 97.8M | 80.1M | 236M | 556M | 451M | 202M | 156M | 157M | 50.4M |
| Free Cash Flow | 195M | -354M | 435M | 368M | 725M | -14.2M | -255M | 871M | 28.2M | 465M | -1.73B |
| Ratios | |||||||||||
| ROE | 9.4% | 5.4% | 4.7% | 8.6% | 10.3% | 12.2% | 11.1% | 9.9% | 8.1% | 6.9% | 6.0% |
| ROA | 6.5% | 4.0% | 3.3% | 6.8% | 7.8% | 8.3% | 8.0% | 7.3% | 5.7% | 4.7% | 3.9% |
| Net Profit Margin | 10.1% | 5.3% | 4.0% | 7.0% | 8.4% | 8.7% | 8.0% | 7.9% | 7.1% | 5.7% | 4.7% |
| Debt to Equity | 0.00x | 0.02x | 0.03x | 0.00x | 0.04x | 0.04x | 0.14x | 0.12x | 0.21x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Qingdao Hanhe Cable Co Ltd dividends
- Dividend yield
- 0.78%
- Forward dividend
- 0.04 CNY
- Payout ratio
- 22.9%
- Ex-dividend date
- Jun 12, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 136M | 0.04 | 22.9% |
| 2024 | CNY 126M | 0.04 | 19.3% |
| 2023 | CNY 136M | 0.04 | 17.8% |
| 2022 | CNY 126M | 0.04 | 16.0% |
| 2021 | CNY 122M | 0.04 | 15.7% |
| 2020 | CNY 120M | 0.04 | 20.5% |
| 2019 | CNY 120M | 0.04 | 27.5% |
| 2018 | CNY 140M | 0.04 | 63.1% |
| 2017 | CNY 128M | 0.04 | 51.3% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 31:10 on Oct 16, 2015.
Who owns Qingdao Hanhe Cable Co Ltd
- Insiders 65.92%
- Institutions 1.73%
- Public & others 32.35%
- Shares outstanding 3.33B
- Free float 1.14B
Qingdao Hanhe Cable Co Ltd company profile
- Company name
- Qingdao Hanhe Cable Co Ltd
- Ticker
- 002498.SHE
- ISIN
- CNE100000WG6
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Nov 9, 2010
- Sector
- Industrials
- Industry
- Electrical Equipment
- Employees
- 3,142
- Fiscal year end
- December
- Address
- No. 628, Jiushui East Road, Qingdao, China, 266102
- Phone
- 86 532 8881 7759
- Website
- hanhe-cable.com
About Qingdao Hanhe Cable Co Ltd
Qingdao Hanhe Cable Co.,Ltd, together with its subsidiaries, engages in the development, production, and sale of cables and wires in China. It offers power cables, bare wires, equipment cables, special cables, data cables, overhead lines, cable accessories, submarine cables, heat resistant and high strength aluminum alloy wires, fire-resistant and armored cables, and DC series cables. It also engages in cable development and research services; and manufacturing and sales of power testing equipment. In addition, it is involved in production and sales of electrical round aluminum poles and materials; overhead stranded wires; distribute electric wires and cables; design, consulting, and technical services for power transmission and transformation projects; electrical and civil engineering, construction, and equipment installation; manufacturing of new energy power equipment; battery manufacturing and sales; information consulting services; software development and sales; technology development, consulting, exchange, transfer, and promotion; sells recycle wooden wheels and industrial waste metals; production and manufacturing of high and low voltage electrical equipment and related materials; solar energy appliance accessories; manufacturing and sales of polar cable materials, equipment-grade components, thermoplastic low-smoke halogen-free flame-retardant cable materials, and radiation cross-linked cable materials; manufactures and sales of graphite, graphene, synthetic, rubber, and carbon products; operation, maintenance and technical consulting of overhead lines and substations; sales of automobiles and auto parts, and rental of owned houses and cars; sales of building materials, daily necessities, office supplies and equipment, and consumables; and sales of mechanical equipment. The company was founded in 1982 and is headquartered in Qingdao, China. Qingdao Hanhe Cable Co.,Ltd operates as a subsidiary of Qingdao Hanhe Group Co., Ltd.
Qingdao Hanhe Cable Co Ltd management
7- Mr. Li Gang ZhangGM & Non-Independent Director · born 1975
- Mr. Zhengzhuang WangDeputy GM & Secretary of the Board · born 1969
- Mr. Fu Quan XianDeputy General Manager · born 1974
- Mr. Jian DongDeputy GM & Director · born 1979
- Mr. Sheng ZhangDeputy General Manager · born 1968
- Mr. Feng ZhuDeputy General Manager · born 1972
- Mr. Bing ZhangDeputy General Manager · born 1989